Investment Offering
Tenant: Taco Bell
Premises: 1536 SF
Renewal Options: 5 x 5
Lease Expiration: 11/20/2019
Lease Type: NNN
Rental Increases: 4% in 2017 and 10% at Options
- Single Tenant NNN Investment
- Over 4 Years Remaining on Long Term Lease
- 4% Rental Increase in 2017 and 10% Increases at Each Option
- Excellent Location Along Busy Retail Corridor
- YUM! Franchisee Operates Over 140 Locations
- Optimal Demographics with Over 500,000 Residents within 5 Miles
Tenant Overview
Taco Bell is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of Yum! Brands, Inc., they serve a variety of Tex-Mex foods including tacos, burritos, quesadillas, nachos, other specialty items, and a variety of “value menu” items. Taco Bell serves more than 2 billion customers each year in more than 6,500 restaurants mostly in the U.S., more than 80 percent of which are owned and operated by independent franchisees.
Area Overview
